Apple’s long-awaited foldable iPhone could arrive with a cost advantage thanks to a major drop in hinge prices. According to a new report, the hinge’s average selling price will fall to $70 to $80 after mass production begins, while previously, initial estimates have rounded the cost to $100 to $120. The reduction in cost could allow Apple to maintain a strong profit margin or make the foldable iPhone slightly more affordable for buyers.

Apple’s foldable iPhone could be cheaper than expected thanks to Foxconn’s optimized hinge production strategy

The hinge for the iPhone Fold, as some would like to call it, is being developed through a new joint venture between Foxconn and Shin Zu Shing, with the former holding a slightly higher stake. Both of these suppliers have conjoined to secure a

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